Back in 2012 the operator of the Norwegian government's pension fund axed many of its external mandates, opting to rely instead on in-house expertise. One year on, it's delivered its second best return ever. Here's how it did it.
The operator of the Norwegian Government Pension Fund Global - the world’s second largest sovereign wealth fund - last year axed its externally managed mandates, cutting assets run by third parties within the $667 billion fund to the lowest level since the fund's launch in 1998...............................................Full Article: Source